Al Batinah Power CoOG (MUS:BATP) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2024)

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What is Al Batinah Power CoOG LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Al Batinah Power CoOG's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.18.

Al Batinah Power CoOG's long-term debt to total assets ratio declined from Dec. 2023 (0.25) to Dec. 2024 (0.18). It may suggest that Al Batinah Power CoOG is progressively becoming less dependent on debt to grow their business.

Al Batinah Power CoOG LT-Debt-to-Total-Asset Historical Data

The historical data trend for Al Batinah Power CoOG's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Al Batinah Power CoOG LT-Debt-to-Total-Asset Chart

Al Batinah Power CoOG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.42

0.37

0.32

0.25

0.18

Al Batinah Power CoOG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.25	0.24	0.23	0.18

Al Batinah Power CoOG LT-Debt-to-Total-Asset Calculation

Al Batinah Power CoOG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	41.365	/	227.433
	=	0.18

Al Batinah Power CoOG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	41.365	/	227.433
	=	0.18

Al Batinah Power CoOG (MUS:BATP) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Al Batinah Power CoOG LT-Debt-to-Total-Asset Related Terms

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Al Batinah Power CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Al Batinah Power Co SAOG (MUS:BATP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street No. 35, Al Khuwair, P.O. Box 39, Bareeq Al Shatti, Muscat Grand Mall, Flat No. 501, Building No. 5, Level 1 (South-East), Muscat, OMN, 103

Website

https://www.albatinahpower.com

Al Batinah Power Co SAOG is a company that owns a power generating facility. It develops, finance, designs, constructs, operates, maintains, insure and owns Sohar 2 Power Plant and associated gas interconnection facilities. The Sohar 2 Power Plant is located in the Al Batinah region of the Sultanate of Oman.

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